Arlington and Mansfield TX Area Short Sales
The real estate world of today has evolved into selling mechanisms that have different variations. One of the methods that is truly being used today is called a "short sale". A short sale is different than a foreclosure in that the owner of the property is not the bank but in fact still the owner of record that has fallen significantly behind in their mortgage payments. The owner of the property has entered into an agreement with the bank to sell their property for less than the current balance of their mortgage. The owner of the property obtains a realtor who works with an asset manager to assist the homeowner in selling their property in lieu of foreclosure. This process can and very often does take more time to complete than the normal real estate transaction. The listing price is an approximate figure and may be higher or lower depending on the particular situation. Short sales on the whole will not assist in closing costs or repairs, however can be a great bargain to the buyer who has time to wait. Please contact me for more information on these or any other properties.
Tarrant County Area Short Sale Homes for Sale
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Listing information last updated on February 19th, 2017 at 10:31am CST.